Profitability Is King
from the forget-content dept
Well, apparently after many years of hearing “content is king”, the concept is officially dead. VCs made it clear that they won’t invest in content any more and that “profitability is king”. Of course, what would happen if you created a profitable content site? I guess that’s just thinking too far outside the box. Honestly, I think it’s ridiculous to say either that content is or is not king. The question is (and should be) whether or not a company can make money. If it can, then it can be an investment option. If not, then there’s no reason to invest. Seems pretty simple – and a lot smarter than just announcing that certain things won’t be funded.
